Goldman Sachs Remains Bullish on AstraZeneca (AZN)

AstraZeneca PLC (NASDAQ:AZN) is one of the best UK stocks to buy right now. On September 1, Goldman Sachs analyst Rajan Sharma maintained a bullish stance on AstraZeneca PLC (NASDAQ:AZN), giving the stock a Buy rating with a $97 price target.

AstraZeneca’s (AZN) Dividend: Resilient, Predictable, and Built on Innovation

The analyst based the rating on the company’s growth potential and solid market position, stating that AstraZeneca PLC (NASDAQ:AZN) has a robust pipeline of innovative drugs, especially in the cardiovascular and oncology segments, positioning the company for sustained revenue growth.

Sharma added that strategic acquisitions and partnerships have allowed AstraZeneca PLC (NASDAQ:AZN) to boost its research capabilities and expand its product offerings, giving the company a competitive edge in the pharmaceutical industry.

AstraZeneca PLC (NASDAQ:AZN) is a biopharmaceutical company that explores, develops, manufactures, and commercializes prescription medicines. It supplies its products and services to specialty and primary care physicians. AstraZeneca PLC (NASDAQ:AZN) distributes its products and services through local representative offices and distributors.

While we acknowledge the potential of AZN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AZN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.